SBUX Channel Bounce

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SBUX is a retail play that is gaining strength - liking this play in the coming few weeks after saw this recent channel bounce. Eyeing the 108 level for a break out, 110 calls for next month are a relatively cheap play with great R:R.
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Closed May 110s for an easy 80%
bouncebreakoutParallel ChannelSBUXTrend Analysis

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